Currency Forecasts

Category: GBP/USD


Pound steady ahead of Brexit amendment vote

Pound exchange rates have held steady around 1.15 (GBP/EUR) and 1.3150 (GBP/USD) as MP’s are preparing to vote on amendments to Prime Minister Theresa May’s Brexit deal. The vote is scheduled for 19:00 this evening however it is not yet…

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Pound lower after budget due to USD Strength

GBPEUR

Sterling lower after Budget The Pound is a little lower against the Euro and other currencies today. The budget was largely a non-event as is normally the case. Despite the fact that it was a generous budget and growth forecasts…

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GBP/EUR and GBP/USD Forecast

Sterling/Euro The Pound gained against the single currency yesterday, pushing into the €1.14’s. It was developments in the Eurozone that caused the move however, rather than any strength in Sterling. There are concerns over political turmoil in Italy due to…

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GBP/EUR and GBP/USD – What could impact the currency market today?

Following yesterdays spring statement the pound had a relatively strong day posting gains against most of its majors. At its highest GBP/EUR peaked just shy of 1.13, up from last weeks low of 1.1150 and GBP/USD pushed back close to…

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US dollar surge halted

In the past 24 hours we have seen a significant swing for cable (GBP/USD) with the high/low range from 1.4095 to 1.38 or just over a 2% spread. Much of the movement came following yesterday afternoons inflation data which in…

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